Author: Best Citizenships

  • Spain Golden Visa Statistics

    Spain Golden Visa Statistics

    Spain offers long term residence permits on economic interest under Law 14/2013, so called golden visas. Spain has further expanded the scope of the scheme and these visas are available for various categories not just for real estate investment. Investors. Entrepreneurs. Highly qualified professionals. Researchers. Workers subject to intra-corporate transfers within the same undertaking or…

  • Top 15 Weakest Passports in the World

    Top 15 Weakest Passports in the World

    Weakest passports severely restrict and deprive people of the travel freedom due to visa restrictions imposed on them. For example the possibility to travel to United Kingdom, EU schengen area, Russia, China for business, tourism and visiting family and friends. These are also the worst passports in the world. In general, the weakest passports come from…

  • Why UAE has the biggest second passport market?

    Why UAE has the biggest second passport market?

    Dubai has emerged as the world’s most important hub for wealthy individuals and the number of millionaires projected to increase in UAE region by 14% in 2024, according to Knight Frank report. UAE needs more immigrants to meet the demand. Immigrants constitute nearly 90 percent of the UAE’s population, only 20% are locals. Weak passports…

  • 29% of UHNWI interested in second passport

    29% of UHNWI interested in second passport

    Interest is picking up with Ultra high-net worth investors (UHNWI) with second passports and dual nationality. Data from Knight Frank Attitudes Survey 2019 indicates that 36% of UHNWIs already hold a second passport, up from 34% last year, and 29% are considering for second passports 26% planning to emigrate permanently, up from 21%. A record…

  • Quebec immigrant investor program to reopen in 2024

    Quebec immigrant investor program to reopen in 2024

    The Quebec Government has temporarily suspended immigrant investor program (IIP) for review of the scheme. The intake of IIP applications will not be accepted until Jan 1, 2024. It is widely expected the program will likely reopen in early 2024 once the review of the scheme is fully completed.  One other reason lead to the…

  • Passports are cheaper than Golden visas

    Passports are cheaper than Golden visas

    Many clients who come to us asking for golden visas, after seeing the prices, realize later that passports are cheaper and affordable than golden visa schemes, plus saves them a lot of time on the long run. Remember golden visas only offer residency (no citizenship or passport), while Citizenship by investment (CBI) offer Citizenship, Passport,…

  • What should you know about Diplomatic immunity

    What should you know about Diplomatic immunity

    Diplomatic immunity for messengers have existed since prehistoric times in foreign relations.  The origins of diplomatic immunity can also be traced as far as back to ancient civilizations of China, India, and Egypt. Roughly 4000 years ago, evidence is found in the indian epics Mahabharata and Ramayana where couriers and diplomats given immunity and safe…

  • Malta IIP fills up 66% (two thirds) of the quota limits

    Malta IIP fills up 66% (two thirds) of the quota limits

    Maltas Individual investor program (IIP) has filled up already two thirds (66%) of the quota limit of 1800 applications. Since the launch of the scheme in 2014 to July 2019, a total of 1198 main investors have been approved for maltese passports , and the 1742 applications received almost reached the 1800 limit. This means…

  • Disadvantages of Citizenship by Investment

    Disadvantages of Citizenship by Investment

    We all know that Citizenship by investment (CBI) is becoming popular and the demand for passports is growing fast. But what are the possible disadvantages involved in CBI passport schemes. Let us take a quick look on the disadvantages with CBI schemes below.. 1. Right country Picking the right country is the most difficult decision…

  • Natural disasters in CBI countries

    Natural disasters in CBI countries

    Natural disasters risks are the No.1 reason for the creation of citizenship by investment (CBI) industry. Natural disasters come in many forms earthquakes, hurricanes, volcanic eruptions, flooding etc. These events have only increased frequency over time against the backdrop of global climate change leaving small countries very vulnerable. Small states in the Caribbean and the Pacific…